sectors and over time in order to examine how household consumption responds to different types of positive income shocks … (regular tranches versus lump-sum payments). Focusing on single-earner households, we find evidence of consumption smoothing in … accordance with the Permanent-Income Hypothesis, since total and food consumption do not exhibit excess sensitivity to …

We study how 3,534 beneficiaries of PROSPERA, Mexico's cash transfer program, smooth food consumption around the … transfer payday, an anticipated and transitory income shock. We find that food consumption and food security do not change …-inconsistent and less experienced debit card holders smooth consumption. …

in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households …-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the …

The cost-of-living crisis has increased attention on consumption and how it differs for particular societal groups …. There is much theoretical evidence that consumption patterns of men and women should differ, but the empirical evidence is … scant, due in part to the availability of individual-level consumption data. This paper tackles the question of consumption …

aggregate consumption for longer. …

This paper investigates the effects of minimum wage increases on household consumption, focusing on Spain's 2019 … significant rise of 4.5% in household consumption, with the largest gains concentrated in nonessential categories such as …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire … Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in …